Nash Finch Profits Soar

Buying ahead of rapid food-cost inflation and taking advantage of an early Easter holiday, Nash Finch boosted inventories and profits during the first quarter. I would have to admit our results were better than even we had anticipated, said Alec Covington, Nash Finch's chief executive officer, in a conference call discussing results for the period, which ended March 22. Nash Finch ramped

MINNEAPOLIS — Buying ahead of rapid food-cost inflation and taking advantage of an early Easter holiday, Nash Finch boosted inventories and profits during the first quarter.

“I would have to admit our results were better than even we had anticipated,” said Alec Covington, Nash Finch's chief executive officer, in a conference call discussing results for the period, which ended March 22.

Nash Finch ramped up inventories during the quarter to get ahead of cost inflation th